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UAe hotel
March 11th, 2026 - 08:42 GMT
Sally Shakkour

Sally Shakkour

Empty rooms, big discounts: UAE hotels cut prices amid Iran war

ALBAWABA - Hotel prices in the UAE decreased sharply amid regional tensions linked to the Iran war, which triggered a wave of travel cancellations. Luxury hotels in cities like Dubai and Abu Dhabi are offering big discounts in an effort to attract visitors and fill empty rooms, creating unexpected bargains for travelers willing to book now. Al Bawaba checked several sites, including Booking.com and noticed a slash in hotel prices ...
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The property was sold to family holding entities related to Shahid Khan, founder of Flex-N-Gate Group and CEO of the Jacksonville Jaguars and the London-based Fulham Football Club. (AFP/Fayez Nureldine)
October 3rd, 2016 - 06:30 GMT

Saudi Prince Al Waleed bin Talal sells Toronto Four Seasons for $170M

The relative ease of conventional bond issuance has prompted many regional sovereigns to tap the bond markets instead of sukuk markets. (Pixabay)
October 3rd, 2016 - 05:37 GMT

Challenging economy keeps sukuk issuance volumes subdued

Egypt's current foreign reserves stand at $16.564 billion, still less than half of the foreign reserves Egypt had before Hosni Mubarak's removal when they were almost $36 billion.   (File photo)
October 3rd, 2016 - 04:23 GMT

Egypt braces itself for possible pound devaluation

The program comes within the framework of the bank's Country Partnership Framework (CPF) for 2015–19, which provides about $8B for supporting Egypt's economy. (Wikimedia Commons)
October 2nd, 2016 - 11:00 GMT

Egypt: $500M World Bank agreement to focus on poorest regions

The fired employees claim that they have not been paid for the past three months. (File photo)
October 2nd, 2016 - 10:00 GMT

Saudi Oger wins renewal bid for Quran printing complex, offers to rehire fired employees

The LNG will be supplied from Qatargas 2, the world's first fully integrated LNG value chain venture, with the first cargo expected to be delivered to Pakistan in 2018. (Shutterstock)
October 2nd, 2016 - 09:00 GMT

Qatargas and Pakistan's GEIL sign 20-year LNG sales deal

The awarded tenders were for projects related to roads, sanitary engineering and construction. (Shutterstock)
October 2nd, 2016 - 08:00 GMT

Bahrain opens bids for $17.8M in infrastructure projects

The increase in prices for kerosene and diesel is around 2.4 per cent, and around 3.6 per cent for gasoline.  (File photo)
October 2nd, 2016 - 07:00 GMT

Jordan raises fuel prices

Bill Gates at the signing of Qatar Development Fund's $50m grant agreement to contribute to the capital of The Lives and Livelihoods Fund in April 2016.  (Poandpo.com)
October 2nd, 2016 - 06:00 GMT

Bill Gates' Lives and Livelihoods Fund gets off the ground in Jeddah

RAK's overall visitor numbers are currently growing by 7.2 per cent year-on-year, primarily driven by the international market. (Shutterstock/Slava296)
October 2nd, 2016 - 05:39 GMT

Ras Al Khaimah will need 25,0000 rooms by 2025 to meet tourism demand

The UAE's minister for infrastructure development indicated further delays were possible depending on the appetite of each member state. (File photo)
October 2nd, 2016 - 05:18 GMT

More waiting for the train: Pan-GCC rail network delayed to 2021

Vodafone, Orange, Etisalat said they rejected the 4G licensing conditions due to overpricing, the lack of available frequencies, and the condition of paying half of the licence’s value in US dollars. (Shutterstock)
September 29th, 2016 - 11:00 GMT

Hello, it's TE: Telecom Egypt is a mobile operator without a mobile network

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